CapsoVision director Eliyahou Harari buys $10 million in shares
CapsoVision director Eliyahou Harari purchased $10 million worth of shares in the company on September 18, 2026, as disclosed in a recent SEC filing. He made two separate purchases, acquiring 878,735 shares at $5.69 each and an additional 878,734 shares at the same price, totaling 1,757,469 shares. These acquisitions were made through trusts, with Harari and his wife serving as trustees for both.
Following these transactions, Harari indirectly holds 2,275,228 shares of CapsoVision common stock. Despite the company's moderate debt and liquid assets surpassing short-term obligations, it remains unprofitable over the past year. CapsoVision reported a wider-than-expected loss for Q2 2026, with revenue growing 10% year-over-year to $3.6 million, but earnings per share fell short of expectations at -$0.15.
The company anticipates FDA clearance for its AI-assisted reading feature by the end of Q3, which may influence Q4 results. Benchmark has maintained a Speculative Buy rating on CapsoVision with a price target of $10.00, citing the potential of the CapsoCam Plus product for future earnings.
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